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seattle market news

NWMLS InfoSparks September Market Update for Seattle and Ballard

October 3, 2018 By Remax On Market

The Seattle and Ballard Market Update is a monthly update using information from NWMLS’ InfoSparks using data for sold residential and condominium homes in Seattle and the Ballard/Greenlake area. September’s Market update key points include:

  • Median sales price is up slightly
  • Listings available are up 25% from last month. Not quite as much as July to August, but still a significant jump nonetheless
  • Closed sales were down again, a 28% drop from August to September
  • Average days on market jumped to 23 days for Seattle, increasing the months of inventory to 2.4. We haven’t seen that high of a month’s supply since Sep 2013.
  • Total sales volume was down sharply, by almost $200 Million

Have questions about buying or selling, or specific questions on trends in your neighborhood? Shoot us an email at hello@remaxonmarket.com. We’re happy to answer all your questions!

Filed Under: Ballard Neighborhood News, Home Buyers, Seattle Homes, Seattle News Tagged With: real estate market, seattle homes for sale, seattle market news, seattle real estate

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